IDFC’s daily trend is bullish to sideways. The RSI for weekly and daily are showing sideways momentum, however, the RSI for the monthly is showing bullish momentum. Based on option chain analysis, the range is between 115 and 120. Let’s plan a trade around this.
Since the budget announcement comes soon after the Fed policy meeting on January 31, the market reaction for the next few weeks will be from a combination of the two. Let s understand how traders should position themselves for the budget day.
Mahindra & Mahindra Financial Services’ daily trend is sideways. The RSI for monthly, weekly and daily are showing bullish momentum. Based on option chain analysis, the range is between 270 and 300. Let’s plan a trade around this.
Punjab National Bank’s daily trend is bullish to sideways. The RSI for monthly, weekly and daily are showing bullish momentum. Based on option chain analysis, the range is between 90 and 110. Let’s plan a trade around this.
Canara Bank’s daily trend is bullish to sideways. The RSI for daily are showing bullish momentum, however the RSI for monthly and weekly is showing bullish momentum. Based on option chain analysis, the range is between 420 and 500. Let’s plan a trade around this.